Equity Release Arrangement Fee
Compare equity release arrangement fees and get the best deal…
If you are considering using an equity release scheme to fund your retirement, you may want to consider the equity release arrangement fee.
You will generally be charged an upfront fee by your broker that sets up your equity release scheme, and then it will depend on the equity release provider to whether or not they charge and how much the charge will be. However, generally the fee will be between £300 and £600.
Before taking out any form of equity release, it is important to get independent advice so you can make an informed decision. Our equity release service will can put you in touch with a specialist equity release broker who will be able to offer you all the information you need, including information about the equity release arrangement fee. All you have to do is:
- Fill in one simple form
- Wait for an equity release specialist to get in touch
- Get no obligation quotes and advice
So, what are you waiting for? Discuss your equity release options today!
Lifetime mortgages as from October 2004 are regulated by the Financial Services Authority. A lifetime mortgage is a loan secured on your home. The loan and interest are normally repaid from the proceeds of the sale of your home when you die or move into long term care. With a home reversion plan you sell all or part of your home for cash. However you do not get the full market return for doing so.
The above equity release mortgage detail is for information purposes only as does not constitute financial advice under the Financial Services and Markets Act 2000. When considering any type of equity release product, it is important that you seek independent legal advice.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.